British International Investment

British International Investment

British International Investment was established in 1948. It functions as the UK government development finance institution with sole ownership by the Foreign, Commonwealth & Development Office. The firm invests across venture capital, private equity and real assets. Confirmed holdings include Globeleq in energy across Africa, GreenCell Mobility in transportation in India, Liquid Intelligent Technologies in technology and telecoms in Africa, Rawbank in financial services in the Democratic Republic of Congo, and Shubham Housing Development Finance Company in residential finance in India. It maintains positions in multiple African and South Asian countries through direct ownership and joint ventures. Assets under management stand at $8.2B. The firm maintains a technical assistance facility called BII Plus focused on climate. It sponsored the Global Partnerships Conference in London in May 2026. Service providers include Deloitte as independent auditor since 2023 and Standard Chartered as strategic banking partner since 2013. The firm operates with a government mandate that requires measurable development impact alongside financial returns. This structure channels capital exclusively into markets and sectors aligned with UK foreign policy priorities rather than pure commercial benchmarks.